Editor’s Take | Nigel D’souza Shares His Views On The Market

– Global Cues warrant warning  

– Nifty Bank is the weak hyperlink, shorts added right here 

– HDFC Bank key to commerce as we speak 

Cautios Cues! 

CBOE Volatility Index +15% 

Gold +3.5% 

Brent Crude Oil +5% 

Change in OI 

Nifty OI -3.7%, Sheds 3.56 lakh shares 

Nifty Bank OI +10.4%, Adds 2.20 lakh shares 

What did the FIIs do? 

Index Futures 

Change in OI Positioning 

Longs +1316 27% 

Shorts +11746 73% 

FII On Index Options 

Bought 2.6 lakh Puts, 2 places for 1 name 

Wrote 3 lakh Calls, 3 Calls for two Puts 

NIFTY OPTIONS EXPIRY (Oct 19) 

Strike Change in OI Premium 

19700 Call +25 lakh shares 123 

19700 Put +26.20 lakh shares 75 

Short Straddle at Play at 19700 

Premium Pocketed Rs.200 

Range 19500-19900 

Levels to trace 

20 DMA 19,734 

50 DMA 19,607 

12-Oct-23 excessive 19,843